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Re: DRG1025 post# 90763

Monday, 07/15/2019 10:04:31 AM

Monday, July 15, 2019 10:04:31 AM

Post# of 140499
It’s actually 31.2m o/s BUT in a buyout assuming at least $49 per share ALL outstanding warrants would factor in and those are 21.3m. Then you must factor in stock options and brokered warrants my mang. Safe to say/use 55m o/s. That is WHY we don’t want another traditional fund raise with warrants for the $35m of cash still needed. That would push it up against 80m o/s and a 1-2 reverse split could come up for discussion. They will partner up - I am 77% sure of it